Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$557,595
Government Grants
66%
Contributions
34%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Investments
0%
Other
0%
Expenses in 2024
$575,067
Salaries & Benefits
38%
Offices, Occupancy & IT
29%
Fees to Service Providers
21%
Other
9%
Depreciation
3%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$205,476
$191,561
-7%
Government Grants
$518,361
$366,034
-29%
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$0
$0
-
Other
$0
$0
-
Total Revenues
$723,837
$557,595
-23%
Expenses
2023
2024
Change
Grants
$5,800
$0
-100%
Benefits to Members
$0
$0
-
Salaries & Benefits
$130,545
$215,728
+65%
Fees to Service Providers
$30,323
$123,390
+307%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$27,121
$165,374
+510%
Interest
$0
$0
-
Depreciation
$9,487
$19,043
+101%
Other
$45,947
$51,532
+12%
Total Expenses
$249,223
$575,067
+131%
Net income
2023
2024
Change
Net income
+$474,614
-$17,472
-104%
Functional Expenses
Summary
2023
2024
Change
Program
$214,228
$511,469
+139%
Admin
$27,078
$54,741
+102%
Fundraising
$7,917
$8,857
+12%
Total Expenses
$249,223
$575,067
+131%